Alverno College Raises Over $3 Million by Unlocking Matching Gift

Milwaukee, (October 29, 2024) – Thanks to the generous support of the community, Alverno College has unlocked and exceeded a $1.5 million matching gift from a group of anonymous donors who believe in the mission of the college. The matching gift, which was announced at the inauguration of President Christy L. Brown in May, has brought in gifts from more than 470 donors and brings the total raised to over $3 million. The college secured the funds to fulfill the match two months ahead of schedule, and donors continue to contribute gifts inspired by the match.

“I am profoundly grateful to the generous donors who made this matching gift possible,” said Brown. “We know Alverno provides a transformational education to our students, and these gifts are a testament of our community’s deep commitment to fostering growth and opportunity for future generations. It is tremendously uplifting to know that we met this goal so quickly.”
In addition, funding to support the mission of Alverno was bolstered in August with a $10 million gift from John and Tashia Morgridge through the TOSA Foundation. These contributions, combined with a recent six-year $1.9 million grant from the National Science Foundation, signal positive momentum for the college.

“Because of this incredible support and the proactive steps we took earlier this year, Alverno is in a stronger financial position today than it was just four months ago,” said Brown.

The over $3 million contributed by the anonymous donors, alums and other community members will enhance comprehensive student support, student scholarships, and community programming and outreach.

About Alverno College
Based in Milwaukee, Wis., Alverno College is a four-year independent, Catholic, liberal arts college for women. Founded in 1887 by the School Sisters of St. Francis, Alverno promotes the academic, personal and professional development of its students in a collaborative and inclusive environment. Certificate programs, digital badges, degree completion programs and graduate programs are open to all genders. A leader in higher education innovation, Alverno has earned international accolades for its highly effective ability-based, assessment-as-learning approach to education, which emphasizes hands-on experience and develops in-demand skills. The college, Wisconsin’s first Hispanic-Serving Institution, ranks among the top schools in the Midwest for its commitment to undergraduate teaching and social mobility by U.S. News & World Report.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.